 Boom What's up money geeks mr. V here welcome to another video guys. So into this video We are going to talk about to get some ball LC ID Lucid models. I know for sure you probably have heard about this particular stock here on the channel quite a bit But for good reasons, um, they have some news that came out last week Friday and some news that just dropped Today after hours, I want to make sure that we cover that because both of them are really impacting the price of the stock So we're gonna go in depth and I'll give you guys kind of my take and what I see happening moving forward But before we get started guys, we're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button any notification bell So you don't miss out on you content So when it comes to Lucy, this is one that we've covered here on the channel before they even went public I told you guys how I I was looking at this company more from perspective of not a Tesla competitor But more so a compliment to Tesla again my analogy the way I saw it was Tesla would be like your Toyota and Lucy is gonna be like your Lexus So if you put them together, they do work together because there's people that can afford to your dirt But can that afford a Lexus and there's people that want to drive just a Lexus So that's how I see lucid playing so and right now everything is going as planned We'll look seeing lucid slowly but steadily move in a direction that we anticipate that it was supposed to go lucid is actually Really distinguishing themself from all the other electric vehicles that were just names or concept they have gone beyond just concept to Actual production, which to me is great again We'll cover here on the channel how they are doing deliveries and right now people are receiving their EV Cars on a daily basis now that they're doing that those deliveries. So I really like it, but that doesn't mean that We are not gonna weakness on growing pain. There's still gonna be some growing pains here So that's something that I still want us to kind of talk about so again the reason why this video is Really coming up right now is because lucid as of last week Friday. I'm gonna bring this up here So you guys can actually see I actually said that the SEC is actually probing into their spark Agreement with churchy capital. So we notice that most of these You know mergers when they go through for some reason this either a Precedent where this has been some cheating or Somebody is reporting or somebody is snitching on on lucid But again, the SEC is probing and lucid said they are cooperating with the SEC So there's there's nothing there to hide So if you can the particular news like this comes out the market doesn't like it So we're gonna take a look at the charts and I'm gonna show you guys how these news impacted the chart So this was last week Friday, and it dropped it after hours So I mean for obvious reason you don't want to drop news like these Doing regular hours in case it's gonna cause a lot of KSA Friday people go You know go over the weekend relax get a few drinks and they come back Monday You're not gonna be thinking the same as I supposed to get dropped it Friday morning It would have been a major disaster For lucid so a good thing that came after hours, but again another thing just came out After hours again, so let's just jump there and take a look here. This is directly from lucid So lucid group announces proposed convertible a senior note offering again This is a one that usually when you hear a company Doing offering, you know for sure Offerings will always push the price of the staff down. That's just the way it is And so for those of you guys that are looking at lucid was I hate why the price going down is because they Make this offering and they are actually Doing it for I think one point seven five billion Dollars so again in this senior notes are I think right here do in 2026 so as of right now, they didn't really specify in the document The senior notes will be either convertible into a shares of the company at a specific price And and the reason why they call they're calling them senior notes is because these ones have the tech precedents over any other Notes that the company has so this is huge So if they if they go if this again, this is something that would impact the price of the stock So let's jump and take a look here as to what happened when These two announcement actually came out so the first one if you can see here This was last Friday when this thing came out when they talked about the fact that Lucid was actually being probed by the SEC See it goes from right here and pull all the way down the market open the stock went to as low as $38 this is the lowest we've seen lucid in the past two or three weeks So but it recovered really really nicely you can see here touch that bottom there and Squeeze back all the way to hive about 46 and then after hours kind of popped again But then come today where that news came out that they are actually proposing that Those senior notes look at the price was sitting somewhere about 45 and that happened a drop down to 40 Before squeezing back up. So my anticipation here is that when we get up tomorrow morning Which is going to be Thursday You're going to see another pullback here. It wouldn't surprise me if this thing can pull back All the way to that 38 even even even less so it can even test 35 36 Pullback if if he holds that and then it can start squeezing back up again So that would be a great opportunity for a nice trade So cash the bottom so you can trade is both ways if you can catch it If you can short pre-market, you short it and then sell after the market opens it pulls back you take profit and then Reverse it and then go long. So look for look for a good bounce and then go long It makes profit so you can profit from both directions. So this is why Lucy stock is actually pulling back So I want to make sure that you guys have that information So again, when you get up tomorrow morning, you're gonna see Lucy's gonna be pulling but guys This is just to give you guys information if you are long-term with Lucy There's really no need for you to panic unless your average is above Let's say 40 bucks. Then you start looking like hey if Lucy drops down to under 40 Maybe as you start buying some more to bring down my average But if your average is below 40 below 30 This really have no reason for you to panic. You can just sit here and just watch it Do whatever it has to do this would go this stock would go up and down up and down Again long-term. We're looking Really really good. We're looking bright here as far as Lucy goes But in the meantime, there's gonna be some growing pains and if you have paper hands You might get in trouble because if you if you sell you're gonna miss out So if you are somebody that's swinging it secure your profit if you're somebody that it's a long term You don't have to worry. But again, the stock is gonna go up and down to the point where before we ever see Long term which is gonna be four or five years from today. So if that's where you are then you're setting pretty good Let me know yet in the comment section. What do you think about is Lucid is not gonna make it or you think Lucy It is actually doing what they're supposed to do doing their deliveries Everything is on track. Even the investigation. That's just what happens with sparks or you're thinking man This stock is just like a roller coaster and maybe I should secure my profit and run Which I don't advise you to do that. But anyways, okay, let me know in the comment section What do you think about it? If you're new here, we took about how to earn money You had to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and any notification bell So don't miss out on new content. Also guys, I did mention here on the channel and I'm gonna put it in the description Moomoo has this wonderful promotion where if you sign up and deposit one dollar You get up to five free stocks and the range is somewhere between nine dollars and thirty five hundred I'll put the links in the description and here is the way I see this going if you sign up the positive one dollar And get your free stocks. You can move those stocks and consolidate them in whatever platform you want Or you can sell and take the money. It's totally up to you. I love free money So if you don't like free money, you can let this one go with like free money Definitely go check it out again. I'll put the links in the description below and as always guys Do your due diligence. Don't be greedy savage. Stay motivated You